Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]        
Revenue $ 597,855 $ 600,447 $ 1,833,790 $ 1,830,058
Cost of revenue 443,171 448,258 1,378,343 1,380,734
Gross profit 154,684 152,189 455,447 449,324
Selling, general and administrative expenses 69,588 68,308 211,706 202,302
Amortization of intangible assets 2,525 2,720 7,846 9,508
Restructuring costs 0 0 2,320 2,242
Gain on sale of a business 0 650 0 650
Operating income 82,571 81,811 233,575 235,922
Interest expense 85 458 410 2,051
Other income, net 2,249 1,306 3,928 1,986
Income before income taxes 84,735 82,659 237,093 235,857
Provision for income taxes 24,493 24,871 61,793 78,643
Net income 60,242 57,788 175,300 157,214
Income attributable to noncontrolling interests 381 870 856 1,117
Net income attributable to MAXIMUS $ 59,861 $ 56,918 $ 174,444 $ 156,097
Basic earnings per share attributable to MAXIMUS (in dollars per share) $ 0.91 $ 0.87 $ 2.65 $ 2.38
Diluted earnings per share attributable to MAXIMUS (in dollars per share) 0.91 0.86 2.64 2.36
Dividends paid per share (in dollars per share) $ 0.045 $ 0.045 $ 0.135 $ 0.135
Weighted average shares outstanding:        
Basic weighted average shares outstanding (in shares) 65,630 65,571 65,777 65,637
Diluted weighted average shares outstanding (in shares) 65,925 66,082 66,131 66,023